Broker Check

Personal Tax Preparation Checklist

Below is the information you will need to gather for the preparation of your personal tax returns.

Do not hesitate to contact us if you have any questions.

                                        (Click Here for Printable Checklist)


  • LAST YEAR’S tax return not prepared in our office – Federal, State and Local
  • W-2’s
  • 1099’s for Interest and Dividends
  • 1099 B’s or year end investment statements
  • Stock/Bond transaction information if not included on year end 1099B
  • Information about any refunds from the State or Local government regarding overpayment of prior year taxes
  • IRA, Pension or retirement distribution information – may be on a 1099R
  • IRA Rollover/conversion information
  • Social Security receipt information
  • Unemployment receipt information
  • Stock option information for ISO, RSU or ESPP. The more info you can provide the



  • HSA contribution/withdrawal information and year end account balance
  • Moving expense information if you relocated for employment and all expenses were not reimbursed by employer
  • Student Loan interest this may be on a 1098
  • Education cost information – tuition, books, fees – this may be reported on a 1098. Proof of payment of tuition also required. Please attach CC statement, cancelled check or payment receipt



  • Medical costs – only required if significant. Must meet minimum of 7.5% of your
  • Tax payments to State or Local governments – may include income, per capita, LST, or estimated payments made for during the year to any state, city or municipality
  • Real Estate Taxes
  • Mortgage
  • Equity Line Mortgage Interest. TCJA requires that the use of the funds be detailed and only interest related to funds used to buy, build or substantially improve a personal residence can be deducted. Please provide a history of the use of your home equity line if you want this
  • Mortgage insurance
  • Charitable Contributions – cash and non cash. Summarized by charity



  • Child Care Information including name, address, phone number, EIN and Amount
  • Residential Energy Credit Applicable Purchases
  • Education Credit Information – Tuition
  • Any estimated tax payments that were made during the year


(Request Sch E organizer for you to complete)

  • Rental income
  • Advertising
  • Cleaning and Maintenance
  • Commissions
  • Insurance
  • Professional Fees
  • Management expenses
  • Mortgage interest
  • Real estate taxes
  • Repairs
  • Supplies
  • Rental permits or license fees
  • Utilities
  • Capital improvement or new fixed asset acquisition information
  • Depreciation schedules if you are a new client
  • Settlement statements for all real estate


(This applies if you received any 1099-NEC forms or worked as a subcontractor)

Best prepared on QuickBooks. Please print a CASH BASIS Balance Sheet and Profit and Loss Comparative so it shows current and prior year information. If you do not use an accounting software please request a Sch. C for you to complete.

  • Income, Revenue, Sales
  • Cost of goods sold – This is the amount you paid for what you resold
  • Advertising
  • Car and Truck Expenses (I can send you another worksheet that details out the information I need)
  • Subcontractor costs
  • Insurance
  • Health Insurance – please have this amount separate
  • Interest – if any for large loans on equipment or working capital
  • Legal and Professional Fees
  • Office Expenses
  • Rent
  • Repairs and Maintenance
  • Supplies
  • Taxes and Licenses
  • Travel – out of town – hotels, rental cars, airlines
  • Utilities
  • Telephone
  • Internet, if separate
  • Payroll – This should tie into your 941 reports
  • Payroll Taxes
  • Workers Comp Insurance
  • Bank Service charges, Merchant Fees, Credit Card Processing Fees
  • Dues and Subscriptions, Membership fees to professional organizations
  • Continuing Education
  • Postage and Delivery
  • Meals
  • Entertainment
  • Computer Expenses
  • Tools
  • Uniforms
  • Capital improvement or new fixed asset acquisition information
  • Depreciation schedules if you are a new client
  • Settlement statements for all real estate



(Only available as a deduction accompanied with Sch C, Sch E or Sch F)

  • Total Home square footage
  • Office Square footage. This space must be used EXCLUSIVELY and REGULARLY for business
  • Mortgage Interest
  • Real Estate Taxes
  • Home Owners Insurance
  • Home Owners Association Fees
  • Utility Costs – Electric, Gas, Oil, Sewer, Trash. Report separately
  • Telephone/Internet
  • Purchase price of home for depreciation of home office

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